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If a corporate bond has a modified duration of 9.5 and iterest rates increase with 0.5%, how would the price of this bond change? Be
If a corporate bond has a modified duration of 9.5 and iterest rates increase with 0.5%, how would the price of this bond change? Be specific.
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Financial Modeling
Authors: Simon Benninga
2nd Edition
0262024829, 9780262024822
